The Triethylene Glycol (TEG) market is expected to register steady growth through 2036, supported by expanding demand from natural gas dehydration, plasticizer production, coatings formulations, and industrial solvent applications. TEG is a hygroscopic, high-boiling glycol widely utilized for moisture removal and as a chemical intermediate due to its stability, low volatility, and excellent solvent properties.
Market expansion is influenced by natural gas infrastructure development, growth in specialty chemicals, and increasing demand for high-performance coatings and adhesives.
Triethylene Glycol (CAS 112-27-6) is primarily produced through the hydration of ethylene oxide followed by controlled oligomerization. It is widely applied as:
Gas dehydration agent
Plasticizer for resins and elastomers
Solvent in inks and coatings
Air sanitization component
Chemical intermediate
Purity 98.2%
Standard industrial grade.
Used in coatings, adhesives, and plasticizers.
Purity 98.5%
Common commercial specification.
Balanced cost-performance ratio.
Purity ≥99.9% (High-Purity Grade)
Used in sensitive industrial and specialty applications.
Higher demand in electronics and pharma intermediates.
Custom Formulation Grades
Tailored compositions for specific industrial uses.
High-purity grades are expected to witness faster growth due to specialized applications.
Natural Gas Dehydration
Largest consumption segment.
Essential for removing water vapor from gas streams.
Air Disinfectant & Sanitization
Used in controlled air systems.
Moderate growth post-pandemic.
Plasticizer for Rubber & Resins
Enhances flexibility and durability.
Inks
Acts as solvent and humectant.
Coatings & Paints
Improves flow and film formation.
Adhesives
Used as co-solvent and stabilizer.
Other Applications
Textile processing
Heat transfer fluids
Chemical intermediates
Gas dehydration remains the dominant application globally.
Major producers and suppliers include:
BASF
Dow
Arkema
Evonik Industries
SABIC
Shin-Nakamura Chemical
Huntsman Corporation
IGM Resins
GEO Specialty Chemicals
Kowa Company
Yantai YK Chemical
Nantong Zhuangyuan Chemical
Shanghai Hechuang Chemical
LyondellBasell
INEOS
The market structure is moderately consolidated, with integrated petrochemical companies holding strong upstream advantages.
Significant demand from shale gas processing.
Strong petrochemical base.
Stable coatings and adhesives market.
Mature specialty chemicals industry.
Stringent environmental regulations.
Focus on sustainable chemical production.
Largest growth region.
Expanding natural gas infrastructure in China and India.
Rapid industrialization driving coatings and plastics demand.
Developing oil & gas sector.
Gradual growth in industrial applications.
Strong natural gas production.
Increasing investments in downstream petrochemicals.
Asia-Pacific and Middle East regions are expected to lead volume growth due to energy sector expansion.
1. Threat of New Entrants – Moderate
Capital-intensive production facilities.
Access to ethylene oxide feedstock is critical.
2. Bargaining Power of Suppliers – Moderate
Dependence on ethylene oxide and petrochemical feedstocks.
Price volatility linked to crude oil markets.
3. Bargaining Power of Buyers – High
Large gas processing operators negotiate long-term contracts.
Industrial buyers are price-sensitive.
4. Threat of Substitutes – Moderate
Diethylene glycol and other desiccants may substitute in some applications.
5. Competitive Rivalry – High
Commodity pricing pressure.
Regional overcapacity risks.
Strengths
Versatile industrial applications.
Strong demand from energy sector.
Established production technology.
Weaknesses
Feedstock price sensitivity.
Environmental concerns linked to petrochemicals.
Opportunities
Rising natural gas exploration.
Expansion of high-performance coatings.
Growth in emerging economies.
Threats
Energy transition reducing fossil fuel reliance.
Environmental regulations tightening chemical usage.
Raw material price volatility.
Expansion of natural gas infrastructure.
Growth in adhesives and coatings industries.
Rising industrialization in Asia-Pacific.
Increased need for efficient moisture removal systems.
Stable demand from chemical intermediates.
Fluctuating crude oil prices.
Environmental compliance requirements.
Market saturation in developed regions.
Competition from alternative glycols.
Feedstock Suppliers
Ethylene and ethylene oxide producers.
TEG Manufacturers
Chemical synthesis and purification.
Distributors & Traders
Bulk chemical logistics.
Industrial End-Users
Oil & gas processing plants.
Coatings and adhesives manufacturers.
Plastic and rubber industries.
Integrated producers maintain stronger cost control and supply security.
Increasing demand for high-purity grades.
Automation in gas dehydration systems.
Sustainability initiatives in chemical manufacturing.
Development of bio-based glycols (emerging).
Capacity expansion in Asia and Middle East.
Secure long-term ethylene oxide supply.
Invest in energy-efficient production technologies.
Expand presence in high-growth Asian markets.
Focus on integrated petrochemical players.
Monitor gas infrastructure development projects.
Negotiate long-term pricing contracts.
Diversify sourcing to mitigate supply risk.
Encourage sustainable chemical production.
Support domestic petrochemical capacity building.
1. Market Overview of Triethylene Glycol (CAS 112-27-6)
1.1 Triethylene Glycol (CAS 112-27-6) Market Overview
1.1.1 Triethylene Glycol (CAS 112-27-6) Product Scope
1.1.2 Market Status and Outlook
1.2 Triethylene Glycol (CAS 112-27-6) Market Size by Regions:
1.3 Triethylene Glycol (CAS 112-27-6) Historic Market Size by Regions
1.4 Triethylene Glycol (CAS 112-27-6) Forecasted Market Size by Regions
1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth
1.5.1 North America
1.5.2 East Asia
1.5.3 Europe
1.5.4 South Asia
1.5.5 Southeast Asia
1.5.6 Middle East
1.5.7 Africa
1.5.8 Oceania
1.5.9 South America
1.5.10 Rest of the World
1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2021 Projections
1.6.2 Covid-19 Impact: Commodity Prices Indices
1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Triethylene Glycol (CAS 112-27-6) Sales Market by Type
2.1 Global Triethylene Glycol (CAS 112-27-6) Historic Market Size by Type
2.2 Global Triethylene Glycol (CAS 112-27-6) Forecasted Market Size by Type
2.3 Purity 98.2%
2.4 Purity 98.5%
2.5 Purity 99.99%
2.6 Others
3. Covid-19 Impact Triethylene Glycol (CAS 112-27-6) Sales Market by Application
3.1 Global Triethylene Glycol (CAS 112-27-6) Historic Market Size by Application
3.2 Global Triethylene Glycol (CAS 112-27-6) Forecasted Market Size by Application
3.3 Air Disinfectant
3.4 Plasticizer of Rubber and Resins
3.5 Inks
3.6 Coatings & Paints
3.7 Adhesives
3.8 Others
4. Covid-19 Impact Market Competition by Manufacturers
4.1 Global Triethylene Glycol (CAS 112-27-6) Production Capacity Market Share by Manufacturers
4.2 Global Triethylene Glycol (CAS 112-27-6) Revenue Market Share by Manufacturers
4.3 Global Triethylene Glycol (CAS 112-27-6) Average Price by Manufacturers
5. Company Profiles and Key Figures in Triethylene Glycol (CAS 112-27-6) Business
5.1 BASF
5.1.1 BASF Company Profile
5.1.2 BASF Triethylene Glycol (CAS 112-27-6) Product Specification
5.1.3 BASF Triethylene Glycol (CAS 112-27-6) Production Capacity, Revenue, Price and Gross Margin
5.2 Dow Chemical
5.2.1 Dow Chemical Company Profile
5.2.2 Dow Chemical Triethylene Glycol (CAS 112-27-6) Product Specification
5.2.3 Dow Chemical Triethylene Glycol (CAS 112-27-6) Production Capacity, Revenue, Price and Gross Margin
5.3 Arkema (Sartomer)
5.3.1 Arkema (Sartomer) Company Profile
5.3.2 Arkema (Sartomer) Triethylene Glycol (CAS 112-27-6) Product Specification
5.3.3 Arkema (Sartomer) Triethylene Glycol (CAS 112-27-6) Production Capacity, Revenue, Price and Gross Margin
5.4 Evonik
5.4.1 Evonik Company Profile
5.4.2 Evonik Triethylene Glycol (CAS 112-27-6) Product Specification
5.4.3 Evonik Triethylene Glycol (CAS 112-27-6) Production Capacity, Revenue, Price and Gross Margin
5.5 SABIC
5.5.1 SABIC Company Profile
5.5.2 SABIC Triethylene Glycol (CAS 112-27-6) Product Specification
5.5.3 SABIC Triethylene Glycol (CAS 112-27-6) Production Capacity, Revenue, Price and Gross Margin
5.6 Shin-Nakamura Chemical
5.6.1 Shin-Nakamura Chemical Company Profile
5.6.2 Shin-Nakamura Chemical Triethylene Glycol (CAS 112-27-6) Product Specification
5.6.3 Shin-Nakamura Chemical Triethylene Glycol (CAS 112-27-6) Production Capacity, Revenue, Price and Gross Margin
5.7 Huntsman
5.7.1 Huntsman Company Profile
5.7.2 Huntsman Triethylene Glycol (CAS 112-27-6) Product Specification
5.7.3 Huntsman Triethylene Glycol (CAS 112-27-6) Production Capacity, Revenue, Price and Gross Margin
5.8 IGM
5.8.1 IGM Company Profile
5.8.2 IGM Triethylene Glycol (CAS 112-27-6) Product Specification
5.8.3 IGM Triethylene Glycol (CAS 112-27-6) Production Capacity, Revenue, Price and Gross Margin
5.9 GEO
5.9.1 GEO Company Profile
5.9.2 GEO Triethylene Glycol (CAS 112-27-6) Product Specification
5.9.3 GEO Triethylene Glycol (CAS 112-27-6) Production Capacity, Revenue, Price and Gross Margin
5.10 Kowa Chemical
5.10.1 Kowa Chemical Company Profile
5.10.2 Kowa Chemical Triethylene Glycol (CAS 112-27-6) Product Specification
5.10.3 Kowa Chemical Triethylene Glycol (CAS 112-27-6) Production Capacity, Revenue, Price and Gross Margin
5.11 Yantai Yk Chemical
5.11.1 Yantai Yk Chemical Company Profile
5.11.2 Yantai Yk Chemical Triethylene Glycol (CAS 112-27-6) Product Specification
5.11.3 Yantai Yk Chemical Triethylene Glycol (CAS 112-27-6) Production Capacity, Revenue, Price and Gross Margin
5.12 Nantong Zhuangyuan Chemical
5.12.1 Nantong Zhuangyuan Chemical Company Profile
5.12.2 Nantong Zhuangyuan Chemical Triethylene Glycol (CAS 112-27-6) Product Specification
5.12.3 Nantong Zhuangyuan Chemical Triethylene Glycol (CAS 112-27-6) Production Capacity, Revenue, Price and Gross Margin
5.13 Shanghai Hechuang Chemical
5.13.1 Shanghai Hechuang Chemical Company Profile
5.13.2 Shanghai Hechuang Chemical Triethylene Glycol (CAS 112-27-6) Product Specification
5.13.3 Shanghai Hechuang Chemical Triethylene Glycol (CAS 112-27-6) Production Capacity, Revenue, Price and Gross Margin
6. North America
6.1 North America Triethylene Glycol (CAS 112-27-6) Market Size
6.2 North America Triethylene Glycol (CAS 112-27-6) Key Players in North America
6.3 North America Triethylene Glycol (CAS 112-27-6) Market Size by Type
6.4 North America Triethylene Glycol (CAS 112-27-6) Market Size by Application
7. East Asia
7.1 East Asia Triethylene Glycol (CAS 112-27-6) Market Size
7.2 East Asia Triethylene Glycol (CAS 112-27-6) Key Players in North America
7.3 East Asia Triethylene Glycol (CAS 112-27-6) Market Size by Type
7.4 East Asia Triethylene Glycol (CAS 112-27-6) Market Size by Application
8. Europe
8.1 Europe Triethylene Glycol (CAS 112-27-6) Market Size
8.2 Europe Triethylene Glycol (CAS 112-27-6) Key Players in North America
8.3 Europe Triethylene Glycol (CAS 112-27-6) Market Size by Type
8.4 Europe Triethylene Glycol (CAS 112-27-6) Market Size by Application
9. South Asia
9.1 South Asia Triethylene Glycol (CAS 112-27-6) Market Size
9.2 South Asia Triethylene Glycol (CAS 112-27-6) Key Players in North America
9.3 South Asia Triethylene Glycol (CAS 112-27-6) Market Size by Type
9.4 South Asia Triethylene Glycol (CAS 112-27-6) Market Size by Application
10. Southeast Asia
10.1 Southeast Asia Triethylene Glycol (CAS 112-27-6) Market Size
10.2 Southeast Asia Triethylene Glycol (CAS 112-27-6) Key Players in North America
10.3 Southeast Asia Triethylene Glycol (CAS 112-27-6) Market Size by Type
10.4 Southeast Asia Triethylene Glycol (CAS 112-27-6) Market Size by Application
11. Middle East
11.1 Middle East Triethylene Glycol (CAS 112-27-6) Market Size
11.2 Middle East Triethylene Glycol (CAS 112-27-6) Key Players in North America
11.3 Middle East Triethylene Glycol (CAS 112-27-6) Market Size by Type
11.4 Middle East Triethylene Glycol (CAS 112-27-6) Market Size by Application
12. Africa
12.1 Africa Triethylene Glycol (CAS 112-27-6) Market Size
12.2 Africa Triethylene Glycol (CAS 112-27-6) Key Players in North America
12.3 Africa Triethylene Glycol (CAS 112-27-6) Market Size by Type
12.4 Africa Triethylene Glycol (CAS 112-27-6) Market Size by Application
13. Oceania
13.1 Oceania Triethylene Glycol (CAS 112-27-6) Market Size
13.2 Oceania Triethylene Glycol (CAS 112-27-6) Key Players in North America
13.3 Oceania Triethylene Glycol (CAS 112-27-6) Market Size by Type
13.4 Oceania Triethylene Glycol (CAS 112-27-6) Market Size by Application
14. South America
14.1 South America Triethylene Glycol (CAS 112-27-6) Market Size
14.2 South America Triethylene Glycol (CAS 112-27-6) Key Players in North America
14.3 South America Triethylene Glycol (CAS 112-27-6) Market Size by Type
14.4 South America Triethylene Glycol (CAS 112-27-6) Market Size by Application
15. Rest of the World
15.1 Rest of the World Triethylene Glycol (CAS 112-27-6) Market Size
15.2 Rest of the World Triethylene Glycol (CAS 112-27-6) Key Players in North America
15.3 Rest of the World Triethylene Glycol (CAS 112-27-6) Market Size by Type
15.4 Rest of the World Triethylene Glycol (CAS 112-27-6) Market Size by Application
16 Triethylene Glycol (CAS 112-27-6) Market Dynamics
16.1 Covid-19 Impact Market Top Trends
16.2 Covid-19 Impact Market Drivers
16.3 Covid-19 Impact Market Challenges
16.4 Porter?s Five Forces Analysis
18 Regulatory Information
17 Analyst's Viewpoints/Conclusions
18 Appendix
18.1 Research Methodology
18.1.1 Methodology/Research Approach
18.1.2 Data Source
18.2 Disclaimer
Purity 98.2%
Standard industrial grade.
Used in coatings, adhesives, and plasticizers.
Purity 98.5%
Common commercial specification.
Balanced cost-performance ratio.
Purity ≥99.9% (High-Purity Grade)
Used in sensitive industrial and specialty applications.
Higher demand in electronics and pharma intermediates.
Custom Formulation Grades
Tailored compositions for specific industrial uses.
High-purity grades are expected to witness faster growth due to specialized applications.
Natural Gas Dehydration
Largest consumption segment.
Essential for removing water vapor from gas streams.
Air Disinfectant & Sanitization
Used in controlled air systems.
Moderate growth post-pandemic.
Plasticizer for Rubber & Resins
Enhances flexibility and durability.
Inks
Acts as solvent and humectant.
Coatings & Paints
Improves flow and film formation.
Adhesives
Used as co-solvent and stabilizer.
Other Applications
Textile processing
Heat transfer fluids
Chemical intermediates
Gas dehydration remains the dominant application globally.
Major producers and suppliers include:
BASF
Dow
Arkema
Evonik Industries
SABIC
Shin-Nakamura Chemical
Huntsman Corporation
IGM Resins
GEO Specialty Chemicals
Kowa Company
Yantai YK Chemical
Nantong Zhuangyuan Chemical
Shanghai Hechuang Chemical
LyondellBasell
INEOS
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Upto 72 hrs max (Working Hours) - Weekends and Public Holidays
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